Carnival Stock Buy or Sell? CCL Stocks Forecast

Market Capitalization: 11 995 491 000 $
EBITDA: -1 671 000 064 $
Price to Earnings: None
Quarterly Earnings Growth YOY: -0.139
Quarterly Revenue Growth YOY: 1.983
Trailing PE: -
Forward PE: 11.01
Shares Outstanding: 1113480000






Carnival Stock Buy or Sell? CCL Stocks Analytic Forecasts

March 31, 2023 (21:08)

Carnival Corporation & Plc (CCL) Sector: Consumer cyclical

We present you the most up-to-date and complete review of analytical trend forecasts and views on the CCL stock market. Experts share their opinions on what to expect from the Carnival Corporation & Plc stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Carnival stocks.

Carnival Corporation & Plc Stock Market Experts’ Analysis and Forecasting – Sell or Buy CCL Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of The Value Investor and is titled

“Carnival Corporation: Plugging The Leak”

is published on March 30 (2023) and has 2 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Shares of Carnival Corporation & plc have been trading flattish in recent times.
  • The 2023 guidance suggests breakeven could be achieved in 2023, after accounting for steep interest expense.
  • While I am positively surprised by this trend, the Carnival Corporation debt challenge remains huge by all means.

The author starts his analytic review with the following:

Towards the end of 2022, I concluded that shares of Carnival Corporation & plc (NYSE:CCL) were still sinking. This came after the company posted rough fourth quarter results with few green shoots seen as incremental capacity gains were offset by higher debt servicing expenses, as I believed that the hole was too large to create a realistic roadmap going forward.

This author is very popular among the auditory. He has 23440 followers

The Value Investor is the contributor of experts community since 2011 and has a great number of published articles – 5032.


One more noteworthy article is written by JR Research under the title

“Carnival: Cruising To Nowhere”

on March 29 (2023) and has 1 likes. The expert reflects Neutral trend of the market.

Нis theses make you think about whether to add CCL stocks to your investment portfolio or not, and helps to work out your own Carnival stock selling strategies:

  • Carnival’s FQ1’23 performance has brought its revenue closer to its pre-pandemic levels.
  • Despite a commendable effort to bounce back, its heavy debt burden looms large over Carnival’s balance sheet, hindering its earnings recovery.
  • Carnival could be several years away (and that’s a big if) from seeing its earnings recover to pre-pandemic levels.
  • Despite the possibility of a speculative play, caution is encouraged when considering a position in CCL, as its current valuation does not offer sufficient justification for such a risk.

JR Research starts analysis with such words:

Carnival Corporation (NYSE:CCL) reported its FQ1’23 earnings on March 27, demonstrating that its bookings recovery has remained robust.

This author is very popular among the auditory. He has 23025 followers

JR Research is the contributor of experts community since 2021. Has published at least 1338 articles.


Another analysis presented by SL Investments came out on March 28 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for CCL stocks. It sounds like

“Buy Royal Caribbean Instead Of Carnival Corporation”

Article has got 1 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Carnival Corporation & Plc , the expert says the following:

  • Cruising industry is expected to see strong growth throughout 2023.
  • While Carnival Cruise is expecting a loss in 2023, Royal Caribbean is expecting to return to profitability.
  • Thus, I believe Royal Caribbean is a buy while Carnival is a hold.

And here, what comes first:

Introduction Customers are coming back. After years of the pandemic-driven demand depression, Royal Caribbean (NYSE:RCL) is seeing a strong demand environment throughout 2023. Stronger bookings and spending is driving the company to forecast strong profitability for 2023 and beyond. However, its biggest competitor, Carnival Cruise Line (NYSE:CCL), is expected to continue to report a net loss in 2023 showing a stark discrepancy. While a strong demand environment applies to both companies, Royal Caribbean’s relative strength in the balance sheet as well as less exposure to markets beyond Europe and North America allows the company, in my opinion, to thrive compared to Carnival. Therefore, ahead of a strong demand season with a manageable debt load, Royal Caribbean is a buy, unlike Carnival Cruise Line.

SL Investments has already 2208 followers, which shows, he is the one who cares for his words.
The contributor of experts community since 2021. Has already 124 analytic reviews published.


The Share Price of Carnival Corporation & Plc (CCL) for now

What analysts predict: $10.81
52-week high/low: $21.5 / $6.11

50/200 Day Moving Average: $10.6 / $9.59

The average stock price over the previous 50/200 days. For Carnival stocks, the 50-day moving average is the resistance level for now. For CCL stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for CCL stock with charts and tables

Related Analysis

View all analytics

Arrival: Up To 74% Dilution

Buy or Sell ARVL shares? Arrival: Up To 74% Dilution
February 24, 2023
Arrival is diluting existing shareholders by 54% to 74% to raise not even 2 quarters' worth of cash.

How To Play Nike On Changing Fashion Trends

Buy or Sell NKE shares? How To Play Nike On Changing Fashion Trends
March 25, 2023
RBC analysts noted that luxury fashion buying is dwindling.

McDonald’s: Higher Leverage, Inflation Indicate A Near-Term Peak

Buy or Sell MCD shares? McDonald’s: Higher Leverage, Inflation Indicate A Near-Term Peak
March 10, 2023
Franchising corporate strategy brings advantages to McDonald's top and bottom line growth.